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EXECUTIVE COMPENSATION

HR Management Activities

Many organizations, especially large ones, administer executive compensation somewhat differently than compensation for lower-level employees. An executive typically is someone in the top two levels of an organization, such as Chief Executive Officer (CEO), President, or Senior Vice-President.

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“Clawback Comeback”: DOJ’s New Focus on Clawbacks to Prevent Corporate Crime

Proskauer's Employee Benefits & Executive Compensa

This new focus on “clawbacks” is intended to give general counsels and chief compliance officers the tools to implement “responsible corporate behavior” and to foster a corporate culture that both deters and punishes risky (and possibly criminal) behavior by top executives.

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Updated Glass Lewis Proxy Voting Guidelines (Clawbacks)

Snell & Wilmer Benefits

It is still too early to tell exactly how Glass Lewis will evaluate clawback policies that only satisfy the minimum legal requirements of the listing standards, but this new guidance seems to suggest that Glass Lewis may raise concerns with such policies.

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Why More Companies Are Linking CEO Pay To ESG

McDermott Will & Emery Employee Benefits

An important new governance survey suggests an increasing willingness to consider linking a company’s ESG performance measures to executive incentive compensation. But implementing such measures may present boards and their compensation committees with practical implementation challenges.

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Long Time Coming: SEC Adopts Final Dodd-Frank Clawback Rules

Proskauer's Employee Benefits & Executive Compensa

The Final Rules task national securities exchanges (“exchanges”) with adopting formal listing standards that, in turn, require publicly listed companies to establish compensation clawback policies that meet the standards prescribed in the Final Rules.

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Performance Appraisal & Rewards in Response to COVID-19

HR Digest

Designing incentive compensation structure as a response to the COVID-19 pandemic. Many organizations are opting for a playing a waiting game before taking significant action in executive compensation. Identify and determine compensation policies best suited for the salesforce. Reviewing work from home policies.

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Shaping Performance & Rewards in Response to COVID-19

HR Digest

Designing incentive compensation structure as a response to the COVID-19 pandemic. Many organizations are opting for a playing a waiting game before taking significant action in executive compensation. Identify and determine compensation policies best suited for the salesforce. Reviewing work from home policies.